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Generally, I know the underlying connotation for property managers is bad, but I happen to be one of the few that care about my investor.
I am not in it for the quick buck, the sly charge, or the misinformation that ...
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I'm a new member looking to start building my investments in real estate. I currently work as a merchant marine on ships in the Gulf of Mexico. My wife and I both enjoy improving houses and REI will be a good way fo...
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I am trying to determine the best path forward for how to deal with rental income (yes I'm late!) and major renovations. It is clear to me it is best to expense it in the year it was spent, but unclear what the CRA wi...
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Hello all, had a few questions regarding short term rental deductions1)For those doing short-term rentals, do you typically get the 20% Pass through deduction, and if so, how?2)Do most repairs (not large capital impro...
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I'm in the process of purchasing a home with the intent of moving into it in the next 2-3 years. Before that time I'd like to rent it out. I have a good bit of experience with rental property generally, but not so m...
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So I understand the concept of depreciation - appreciating asset that degrades (“depreciates”) over 27.5 years so you get to take a loss on taxes. My question is: how is that depreciation number determined, specifical...
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Hello Everybody,I am currently helping a close friend purchase property in the Mount Juliet and Old Hickory parts of Tennessee. I am having a difficult time making the numbers work for any property that is coming to ...
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As a SFH investor with a $6M portfolio, I recently outlined in my previous post how in 2020 my business partner and I did a large Cash-out Refinance into a Portfolio Loan which moved all debt out of our names with the...
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Hey everyone, my name is Alexis . I am new here. Would anyone be able to assist me with finding a property check list ?
Hello everyone,
I am new to rental property investing. I haven't figured out how to determine what a property could rent for in a given area. For example, how do I set the rent price of a property if it is the nicest...